Asia

The “core-core” inflation rate, which strips out prices of both fresh food and energy and is tracked by the BOJ, rose to 2.4% from 2.3%, a seven-month high

China’s one-year loan prime rate remained unchanged at 3.1%, with the five-year LPR at 3.6%.

Delhi’s smog conundrum is a yearly problem. CNBC’s Inside India looks at the implications of this – and what can be done to circumvent this problem.

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.

Nissan and Honda are understood to be exploring a blockbuster merger as the two rival companies seek to stay competitive on the road to full electrification.

Beijing’s stimulus package has refueled companies’ interest in raising capital in Hong Kong and lured back some foreign capital funds, experts said.

Nissan Motor shares surged Wednesday following a media report that the Japanese automaker is looking to merge with Honda.

The company had raised 120 billion yen in its IPO, exercising a overallotment option. Shares were priced at 1,455 yen apiece.

“I call it pseudo-protectionism,” said Bhima Yudhistira, executive director of the Center of Economic and Law Studies.

The central bank is expected to keep interest rates on hold this week, awaiting clarity on domestic trends and U.S. policy under Trump, a CNBC survey finds.